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Results (1887)
Deborah Burian Application Fees
28 July 2019 | 24 replies

I'm really struggling with this application fee thing. Any words of wisdom? Going to have an Open House today and it doesn't feel right to take a fee from each applicant knowing we'll only rent to one...

DongHui Patel Syndication Fees Syndicate Fees- Are these normal????
28 November 2021 | 25 replies

Acquisition fee 2.95% of purchase price of assetDisposition fee 1% of sale price of assetAsset management fee: 1% of equity raisedFund admin fee: .25% of equity raise
Their waterfall is 70/30 split until 13% IRR then...

Glenn McCrorey City bans conversions to rental properties
6 September 2014 | 28 replies

I haven't hear of this before but the city of Cedar Falls Iowa is implementing a six month ban on home owners turning their house into a rental property.  The ban can be extended for up to a year.  Interesting, seems ...

Tanya F. Gas water heater question
11 January 2016 | 16 replies

Not sure if this is something I want to do myself, but maybe some here have come across this issue before.Our chimney is in bad shape.  Rather than repair it we are considering doing what we did at our other property,...

Sara Ratliff Accepting an offer of higher rent?
4 August 2019 | 34 replies

I recently listed a rental and got an offer from someone to pay $250 more per month than what we listed for. I want to be ethical and legal, and haven’t found anything that states otherwise, but wanted to check with a...

Naina Green Help! I'm living a renovation/mortgage nightmare!
31 January 2018 | 8 replies

Hello! We are new homeowners, new to this site and have just started on the path of REI. We bought a house in Mt. Washington (Pittsburgh) in June 2017 through a Fannie Mae HomeStyle Renovation Loan. We first made an ...

Darren Winslow Long Distance Turnkey Investing...Not So Turnkey
24 April 2018 | 17 replies

Need some wisdom.  Invested with an out of state turnkey real estate company.  Four months in, we get notified the rehab of the property was completed.  Looked over the limited photos provided and observed some of the...

Jason Runkel Tenant Screening Guidelines
2 February 2020 | 17 replies

Hey Everyone,My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have include...

Curtis H. Buying a home with a Reverse Mortgage
10 December 2016 | 16 replies

So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...

John Bapst Are We at the Top of the Market??
27 October 2019 | 13 replies

What is going on in Southern Maine? Over the last 12-18 months, feel like valuations have gone hyperbolic. Looking at cap rates on some 2-4 units and there is actually stuff with a 3-handle on it! Most seem to be ~4.0...